LSE IPOs Increase

London stock markets experienced a second quarter surge in the number of IPOs with a 129% increase on the same period last year according to the latest PricewaterhouseCoopers LLP quarterly IPO Watch Europe survey. London was the largest market in terms of offering value and volume in the quarter, with 102 IPOs raising EUR14,808 million compared with 108 IPOs raising EUR6,454 million in 2006.